Prime holding profit hikes 53% in 9M

Cairo – Mubasher: Prime Holding on Tuesday reported a 53% year-on-year growth in consolidated profits for the first nine months of 2018.

The company logged EGP 28.8 million in profits during the period between January and September, versus EGP 18.9 million in the year-ago period, according to a filing to the Egyptian Exchange (EGX).

Revenues grew to EGP 78.5 million in the nine-month period ended September, compared to EGP 56.3 million in the prior-year period.

At the level of standalone business, profits rose slightly to EGP 5.2 million at the end of September, from EGP 5 million in the corresponding period of 2017.

Mubasher Contribution Time: 13-Nov-2018 08:27 (GMT)
Mubasher Last Update Time: 13-Nov-2018 08:27 (GMT)